Building Portfolio With Exchange-Traded Funds

A recent discussion with Chintan Haria, head of product development and strategy, ICICI Prudential AMC, and Bharat Pareek, head of product and segment, private wealth management, ICICI Securities, threw light on how one could go about building a portfolio with ETFs. They were in conversation with Kundan Kishore, Deputy Editor, Outlook Money.Here are the edited excerpts from the discussion. What are the broad categories of ETFs available in India? Haria: There are broadly three categories of ETFs – equity, debt and commodity, within which there are multiple options that an investor can choose from for making a portfolio. Which are the most popular ETFs among Indian investors? Haria: Indians love gold. The value of gold ETF is close to Rs. 20,000 crore, which is quite large. Investors are also looking at debt ETFs as one of the alternatives. It has garnered a lot of interest among...